KPMG - Senior Consultant/Consultant - Actuarial

Primary Responsibilities 

Actuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.

- IFRS current and proposed IFRS 17[Assumptions, methodology, controls and results] review

- Solvency II [Assumptions, methodology, controls and results including Technical provisions, SCR] review

- IFRS to SII Technical Provision movements

Modelling : Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.

- Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.

Technical Skills: 

Knowledge of insurance business and actuarial techniques specifically in any of the reporting areas. Familiarity with spreadsheets, databases, statistical analysis programs. Working knowledge of Prophet essential. 

- Prior experience with actuarial modelling software is a plus. Examples include Prophet, GGY Axis, MG-ALFA, Mo Ses etc